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Wednesday, May 29, 2024

Las Vegas April 2024: Visitor Traffic Up 3.8% YoY; Convention Traffic Up 36%

by Calculated Risk on 5/29/2024 05:00:00 PM

From the Las Vegas Visitor Authority: April 2024 Las Vegas Visitor Statistics

With strength in both leisure and conventions segments, Las Vegas visitation in April exceeded 3.5M, up +3.8% YoY.

Convention attendance saw a YoY increase of 36% related in part to scheduling differences of some shows such as the ISC West ‐ International Security Conference (20K attendees, in Apr 2024 vs. Mar last year) along with new shows including the Google Cloud Next show (30k attendees), the Craft Brewers Conference (12k attendees) and the PZ3 Live Veterinary & Pet Technology Conference (5k attendees).

Even with a larger room count vs. last April, overall hotel occupancy reached 85.5% (up 1.2 pts), with Weekend occupancy of 93.4% (up 1.0 pts) and Midweek occupancy reaching 82.6% (up 1.7 pts) . ADR exceeded $182 while RevPAR approached $156, showing YoY increases of 6.6% and 8.1%, respectively.
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Las Vegas Visitor Traffic Click on graph for larger image.

The first graph shows visitor traffic for 2019 (Black), 2020 (dark blue), 2021 (light blue), 2022 (light orange), 2023 (dark orange) and 2024 (red).

Visitor traffic was up 3.8% compared to last April.  Visitor traffic was down 0.8% compared to the same month in 2019.

Year-to-date visitor traffic is up 0.7% compared to 2019.

The second graph shows convention traffic.

Las Vegas Convention Traffic
Convention traffic was up 36.3% compared to April 2023, and down 4.9% compared to April 2019.  

Year-to-date convention traffic is down 8.1% compared to 2019.